Fukui Bank acquires shares for performance-linked executive compensation trust
Fukui Bank announced today the completion of a share acquisition by the trustee of its performance-linked stock compensation plan trust. On August 26, 2025, the trustee acquired 100,000 common shares of the Bank through a closing price transaction (ToSTNeT-2) on the Tokyo Stock Exchange.
The total acquisition cost for these shares amounted to 203,535,280 yen. This action follows the Bank's announcement on August 25, 2025, regarding the establishment of the trust, which aims to align executive compensation with the Bank's performance.
The transaction was executed as part of Fukui Bank's strategy to maintain a robust and competitive compensation framework for its executives. Eiichi Hasegawa, president and representative statutory executive officer, and Yoshimasa Yonemura, executive officer and corporate planning group manager, confirmed the details of the acquisition.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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